BY COUNCILOR REINERT:
RESOLVED, that the proper city officials are hereby authorized to execute and implement a golf course scoreboard and tee markers vendor and license agreement for the Lester Park and Enger Park golf courses substantially in the form of that on file in the office of the city clerk as Public Document No. ___________________, with Northwoods Scoreboards, Inc. (vendor). All monies received from under the agreement shall be deposited into the Golf Enterprise Fund, Fund 0503, Agency 400, Revenue Source 4840.
STATEMENT OF PURPOSE: The purpose of this resolution is to authorize a ten-year agreement with the vendor, pursuant to which the vendor will provide one scoreboard each and 27 tee markers each at Lester Park and Enger Park golf courses. The vendor will sell advertising on the scoreboard and tee markers. Each year the City will provide vendor up to 670 passes for rounds of golf to be used solely for promotional purposes. The value of the passes over the 10-year term of the agreement will not exceed $197,650. Additionally, the vendor will once every two years provide a direct mail piece to the 10,000 households within the closest proximity to Lester Park and Enger Park golf courses. Over the ten-year term of the Agreement, the vendor will pay the City $100,000 which will be deposited into the Golf Enterprise Fund.